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GST: Textile industry pitches for lower rates on man-made, synthetic fibre at 12%
The Confederation of Indian Textiles Industry (CITI) has pitched for lower GST rate on man-made and synthetic fibre at 12 percent. Around 166 countries have GST in place with lower slab compared to what India has announced, he said. Power looms alone employs around 65 lakh workers in 5.5 lakh units spread across the country, Thulasidharan said.
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